Silver Price Today in Kolkata

Today's silver price in Kolkata is ₹233.4 per gram and ₹2,33,400 per kg for 999 fine silver. Prices are updated daily based on MCX silver futures and international LBMA spot rates, including applicable duties and GST.

Kolkata's Burrabazar silver traders supply Bengal's silver coin and utensil demand, and the city has a long-standing tradition of fine silver filigree (rupar kaaj) crafted by Bengali silversmiths.

Bengali households gift silver coins and silver 'kosha-kushi' (ritual vessels) during Lakshmi Puja and Saraswati Puja. Silver 'payel' (anklets) are traditional for Bengali brides, while gold is reserved for the upper body ornaments.

Buying tip: Kolkata's filigree silverware makes for distinctive gifting items not easily found elsewhere in India. West Bengal's effective tax on silver bullion is broadly similar to its gold tax, so coin and bar buyers don't see major savings versus jewellery purchases here.

Silver prices in Kolkata include West Bengal state taxes and local dealer margins. GST of 3% is applicable on all silver purchases in India. For 925 sterling silver (used in most jewellery), the price per gram is approximately 7.5% lower than 999 fine silver. Always check for BIS hallmarking when buying silver jewellery.